Cash account

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paban

paban (Querist)
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25 March 2016 Cash a/c can have credit balance?

Ankur Singhal

Ankur Singhal (Expert)
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25 March 2016 Dear
Cash account can not have credit balance at all.
Credit balance in cash account means the negative cash.
It means your cash expenses are more than available cash, that can not happen actually.

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